FIO Nice Big Channel

426 3 1
Nice going!
Barker timwest
Thanks Tim. FIO was a good trade. Took it long again Friday when the 15 min stochastics bottomed out late in the day. Entered 22.01. Don't really like the fact that FIO is oversold on almost every single time frame, including the weekly, after having such a bullish week in the overall market last week. Anyway, I believe in the story behind this stock and can't pass up this daily chart setup. Still think 25 is in the cards for FIO before earnings. (1/23)
1st Target of 23.85
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